Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. GeneDx Holdings Corp shares valued at $21,582 were sold by Feeley Kevin on Jan 29 ’25. At $78.48 per share, Feeley Kevin sold 275 shares. The insider’s holdings dropped to 2,950 shares worth approximately $0.23 million following the completion of this transaction.
Also, Stueland Katherine sold 1,657 shares, netting a total of over 130,046 in proceeds. Following the sale of shares at $78.48 each, the insider now holds 3,937 shares.
Before that, ICAHN SCHOOL OF MEDICINE AT MO had added 1,346,123 shares to its account. In a trade valued at $104,809,137, the Stockholder bought GeneDx Holdings Corp shares for $77.86 each.
As published in their initiating research note from Wells Fargo on August 28, 2024, GeneDx Holdings Corp [WGS] has been an Equal weight and the price target has been revised to $34. Analysts at Craig Hallum started covering the stock with ‘”a Buy”‘ outlook in a report released in early July.
Analyzing WGS Stock Performance
During the last five days, there has been a surge of approximately 25.46%. Over the course of the year, GeneDx Holdings Corp shares have jumped approximately 1.48%. Shares of the company reached a 52-week high of $98.87 on 01/07/25 and a 52-week low of $58.62 on 02/07/25. A 50-day SMA is recorded $76.24, while a 200-day SMA reached $49.13. Nevertheless, trading volume fell to 1.63 million shares from 0.98 million shares the previous day.
Support And Resistance Levels for GeneDx Holdings Corp (WGS)
According to the 24-hour chart, there is a support level at 72.83, which, if violated, would cause prices to drop to 67.67. In the upper region, resistance lies at 80.97. The next price resistance is at 83.93. RSI (Relative Strength Index) is 54.85 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.95, which suggests the price will decrease in the coming days. Percent R is at 18.81%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
